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Standard Chartered has announced a 40% surge in quarterly profit, propelled by increased interest rates that bolstered the bank’s income, allowing for a revision of its revenue outlook. The bank now anticipates a 13% growth in income for the year,…
Philips’ recently appointed CEO, Roy Jakobs, unveiled plans on Monday to trim approximately 4,000 jobs in response to declining sales and a substantial market value drop of about 70% over the past year, driven in part by a significant product…